Macroeconomic RisksKey risks include macroeconomic headwinds, high inventory levels amongst apparel brand owners, unfavorable currency fluctuation, raw materials cost fluctuation, and a rise in trade tariffs.
Target Price AdjustmentTrim target price to HKD84 to factor in uncertainty with trade partners.
Trade UncertaintyMacroeconomic headwinds, unfavourable currency fluctuation, and higher trade tariffs from its trading partners are concerns.